Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia - 2023
Contents:
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia (FOB) - 2023
- Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia (CIF) - 2022
- Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia
- Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia (FOB) - 2023
The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,587 per ton in November 2023, standing approximately at the previous month. In general, the export price showed a mild reduction. The pace of growth was the most pronounced in May 2023 an increase of 17% m-o-m. As a result, the export price reached the peak level of $1,947 per ton. From June 2023 to November 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($2,211 per ton), while the average price for exports to France ($1,308 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia (CIF) - 2022
The average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,602 per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 262% against the previous year. The import price peaked at $4,768 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($18,720 per ton), while the price for Denmark amounted to $1,566 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia
In 2022, shipments abroad of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -21.7% to 18K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +14.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports attained the peak of 23K tons, and then shrank notably in the following year.
In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses surged to $28M in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.8 | 3.3 | 6.5 | 7.9 | 27.6% |
| France | 3.6 | 2.7 | 3.7 | 5.7 | 16.6% |
| Netherlands | 1.9 | 3.1 | 4.1 | 4.2 | 30.3% |
| Spain | 1.0 | 2.5 | 3.2 | 3.0 | 44.2% |
| Portugal | 0.1 | 1.0 | 1.3 | 2.0 | 171.4% |
| Russia | 1.0 | 0.8 | 0.9 | 1.4 | 11.9% |
| Poland | 0.8 | 0.7 | 0.9 | 1.2 | 14.5% |
| Others | 0.8 | 1.8 | 2.1 | 2.5 | 46.2% |
| Total | 12.9 | 16.0 | 22.8 | 28.0 | 29.5% |
Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Estonia in 2022:
- Germany (4.7K tons)
- France (4.5K tons)
- Netherlands (2.5K tons)
- Spain (2.0K tons)
- Portugal (1.2K tons)
- Russia (0.9K tons)
- Poland (0.7K tons)
Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia
In 2022, overseas purchases of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses decreased by -23.5% to 49 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. As a result, imports reached the peak of 79 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses dropped notably to $79K in 2022. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $102K, and then declined significantly in the following year.
| Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 68.4 | 63.8 | 102 | 76.1 | 3.6% |
| China | N/A | 24.3 | N/A | 0.5 | -85.7% |
| Germany | 14.3 | N/A | N/A | N/A | 0% |
| Others | 9.8 | N/A | N/A | 2.3 | -38.3% |
| Total | 92.5 | 88.1 | 102 | 78.9 | -5.2% |
Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Estonia in 2022:
- Denmark (48.6 tons)
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